TANQIA: Best Sustainable Growth Strategy Middle East 2022

TANQIA is a Regulated utility provide critical-need solution and far-sighted business vision.

The Utility affirms its mission in its name, which means ‘purify’ in Arabic. As the first privately owned, government-regulated wastewater collection and treatment utility in the UAE, TANQIA deploys state-of-the-art technology and deep industry expertise to strengthen water resiliency in Fujairah, which like much of the Gulf region, relies on desalination and underground aquifers for its water needs.

With declining ground water reserves and rising salinity caused by over-pumping and seawater ingress, the use of treated wastewater is even more crucial. TANQIA serves a concession area in Fujairah via a wastewater collection network running 546 kilometres. The Utility has revised its expansion plans to accommodate the recent boom in population growth – and the corresponding spike in demand for wastewater services.

The first phase of the Revised Expansion Plan is slated for completion by the end of the year and the second Phase by mid-2023. TANQIA will increase installed treatment capacities from 16,000 to 46,000 m3 per day and provide 1.5 billion gallons of high-quality effluent for sale through the distribution network developed by its partner Etihad Water and Electricity, a utility itself (EWE). TANQIA aims to drive down the costs of its operations and sale to partner of highly treated wastewater for reuse in restricted irrigation, while promoting sustainability and accommodating for future demand.

TANQIA’s upcoming Green Energy Project is expected to cover 40% percent of the treatment plant’s average annual energy requirements from Solar Energy and lower emissions by 6,061 tons of CO2 per year. The CFl.co jury presents repeat winner TANQIA with the 2022 Best Sustainable Growth Strategy (Middle East) award.

marten

Recent Posts

La Trobe Financial: Best Investment Management Team Australia 2025

La Trobe Financial has cemented its reputation as Australia’s premier alternative asset manager, demonstrating a…

2 weeks ago

Central Reserve Bank of El Salvador: Best Central Reserve Bank Central America 2024

The Central Reserve Bank of El Salvador has introduced important innovations, enhancing financial inclusion and…

2 months ago

Kathrein Privatbank: Best Private Bank Austria 2024

Kathrein Privatbank, a distinguished Austrian institution, has reinforced its position as a premier provider of…

2 months ago

KBC Group: Best European Bank 2024

KBC Group continues to lead the European banking sector through its innovative bank-insurance model, delivering…

2 months ago

AXA IM Select (AXA Investment Managers Ltd): Best Multi-Manager Investment Solutions Global 2024

AXA IM Select, a multi-manager specialist within AXA Investment Managers, delivers diverse investment solutions across…

3 months ago

Ghana Stock Exchange: Best Stock Exchange for Economic Growth West Africa 2024

The Ghana Stock Exchange (GSE) has consistently demonstrated a commitment to driving economic growth and…

3 months ago